F 

845 
.3 

N6 


BANCROFT 
LIBRARY 

<• 

THE  LIBRARY 

OF 

THE  UNIVERSITY 
OF  CALIFORNIA 


- 


PROSPECTU 


— OP  THE  — 


/North  Western  Consolidated 

V,  i     -~ — " 

MINING  SOMPANY, 

OF    VIRGINIA,    NEV 


CAPITAL  STOCK, 

1OO,OOO  Shares  of  $1OO  each. 


Incorporated  under  the  laws  of  the  State  of  California,  July  14,  1888. 


(Dj?£ice, 


TRUSTEES. 

f.  A.  HASSEY  J.  C.  COREY  M.  J.  CHURCH 

JOHN  HUTCHINSON         JOHN  N.  TAYLOR 

OFFICERS. 

F.    A.  HASSEY PRESIDENT. 

WM.  A.  STUART  SECRETARY. 


Office  at  No.  314  Montgomery  Street. 
Room  No.   7. 


THE 

North  Western  Consolidated 

MINING   COMPANY. 


PROSPECTUS. 

The  property  of  this  company,  consisting  of  two 
claims  of  600  by  1,500  each— viz;  The  "  North 
Western"  and  the  "  Jay  Gould  " — is  situated  in  Vir- 
ginia mining  district,  Story  County,  State  of  Nevada, 
and  a  little  less  that  one-half  mile  north-westerly  from 
the  Utah  mine,  and  is  supposed  to  be,  and  I  think  I 
can  safely  say  is,  on  the  COMSTOCK  LODE. 

During  the  past  twenty-eight  years  much  money 
and  labor  has  been  expended  in  searching  for  the 
north  extension  of  this  great  lode,  and  with  no  result  of 
importance  except  that  the  work  done  has  demon- 
strated where  the  ledge  is  not,  but  not  where  it  is,  and 
for  the  simple  reason  that  all  this  work  has  been  done 
east  of  north  instead  of  west  of  north.  Reference  to 


the  accompanying  map,  made  from  actual  surveys  by  two 
of  the  most  thorough  and  competent  surveyors  on  the 
coast,  Messrs.  Wrinkle  and  Haist,  will  show  that  the 
foot- wall  of  the  Cotnstock  ledge,  as  shown  by  the 
workings  of  the  Sierra  Nevada  and  Utah  mines,  in. 
stead  of  running  east  of  north,  the  usual  course,  di- 
v«  T^es  sharply  to  the  west,  on  the  400-foot  level  of 
tin -so  mines,  where  the  workings  show  the  course  o( 
the  foot- wall  to  be  north  2li°  west,  and  on  the  1,200 
foot  lerel  the  course  is  north  3(J°  west,  or  nearly 
north-west.  And  taking  the  mean  of  these  courses  as 
our  guide,  which  is  probably  near  the  truth,  carries  us 
into  the  center  of  the  North -Western  Company's 
ground. 

The  ledge,  after  leaving  the  Utah,  passes  under  a 
heavy  ridge  or  cross  course  of  nap  rock  and  is  hidden 
from  view,  with  no  outcrop  or  surface  indications  un- 
til the  ground  of  this  company  is  reached,  where  the 
croppings  are  strong  and  well  defined,  showing  the 
true  Comstock  formation.  First,  on  the  west,  we  have 
the  diorite,  which  constitutes  the  west  or  foot- wall  of 
the  ledge,  with  its  regular  pitch  to  the  east  of  about 
45  degrees.  Next  we  have  a  strong  outcrop  of  bl 
dyke  from  thirty  to  fifty  feet  thick,  and  then  the 
ledge  of  quartz  and  porphyry  at  least  two  hundred  feet 
wide,  probably  much  wider.  On  the  surface  near  the 
dyke  was  found  a  rich  bun«.-h  or  >trata  of  ore  assaying 
$100  to  $400  per  ton,  largely  in  gold. 

The  work  so  far  done  comprises  a  tunnel  175  feet  in 
length,  the  head  of  which  is  only  about  50  feet  from 
the  surface,  and  a  north  and  south  drift  of  some  40 
feet  each,  and  a  winze  sunk  at  the  mouth  of  the  tun- 
nel some  50  feet.  The  formation  is  all  vein  matter, 


conforming  in  every  feature  to  that  found  in  any  of 
the  leading  mines  on  the  Comstock  Lode  at  a  similar 
depth,  carrying  its  seams  and  bunches  of  quartz, 
many  of  them  giving  small  assays,  thus  showing  that 
the  formation  is  mineralized. 

The  face  of  the  north  drift  is  just  entering  a  very 
interesting  formation  showing  a  radical  change  for  the 
better.  Here  we  have  first  a  clay  seam  of  6  or  8  in- 
ches, and  then  the  white  and  blue  quartz,  mixed  with 
blue  soft  porphyry  and  clay,  the  whole  heavily  im- 
pregnated with  sulphate  of  iron,  which  is  the  lead- 
ing and  dominant  characteristic  of  the  Comstock  Lode. 

This  quartz,  while  it  exactly  corresponds  in  appear- 
ance to  that  found  in  the  leading  mines  on  the  lead, 
yet  it  carries  but  little  metal,  so  far  as  it  has  been  ex- 
plored, only  a  few  feet.  It  is  very  apparent  that  this 
is  a  new  formation  and  that  the  drift  is  cutting  the 
extreme  top  of  it.  That  it  will  lead  to  something 
more  important  in  depth,  will  not  be  questioned  by 
any  experienced  mining  man  who  examines  it;  whether 
in  ten  feet  or  a  hundred,  or  more,  no  man  can  tell  until 
the  necessary  work  is  done.  My  opinion,  however,  is 
that  a  hundred  feet  additional  depth  will,  in  all  human 
probability,  show  a  paying  body  of  ore. 

This  body  of  black  dyke,  lying  on  the  foot-wall  and 
cropping  out  from  30  to  50  feet  in  width,  is  a  very  im- 
portant feature,  as  it  is  the  usual  and  invariable  ac- 
companiment of  ore  bodies  on  this  lead.  All  ore 
bodies  of  importance  having  been  found  lying  on  a 
dyke  of  this  character,  and  no  ore  body  of  much  value 
has  ever  been  developed  on  this  lode  that  did  not  lie 
on  its  bed  of  black  dyke.  Neither  has  any  body  of 
dyke  ever  been  found  that  did  not  have  its  accom- 


panying  ore  body,  and  these  ore  bodies  have  in  every 
instance  conformed  in  magnitude  to  that  of  the  dyke. 
Where  the  dyke  has  been  found  large  and  strong, 
there  the  large  and  valuable  ore  bodies  have  been 
found.  The  dyke  on  this  ground  being  very  strong, 
and  what  is  quite  unusual,  cropping  out  at  the  surface, 
naturally  leads  to  the  conclusion  that  there  is  not  only 
an  important  ore  body  in  this  mine,  but  that  it  does 
not  lie  deep;  that  the  dyke  cropping  out  so  strongly, 
the  ore  will  also  be  found  at  no  great  depth,  that  it 
will  also  come  near  to  the  surface;  hence  I  am  of  the 
opinion  that  one  or  two  hundred  feet  additional  depth 
will  open  an  ore  body  of  importance  and  value. 

I  am  not  a  "  wild-cat"  miner,  and  have  little  or  no 
faith  in  east  and  west  ledges.  My  experience  has  led 
me  to  believe  that  there  is  but  one  great  ore  channel 
traversing  this  district,  and  this  North  Western  Con- 
solidated Company's  claim  is  on  the  north  extension 
of  it.  We  have  the  genuine  Comstock  formation,  with 
everything  leading  up  to  the  conclusion  that  it  is  the 
true  north  extension  of  this  great  lode,  and  that  fact 
alone  makes  it  not  only  worth  prospecting,  but  gi 
it  a  present  intrinsic  value.  It  is  a  part  and  parcel 
of  the  Comstock  Ledge,  and  has  the  advantage  of  be- 
ing virgin  ground.  It  has  not  been  gutted  and  ex- 
hausted two  or  three  thousand  feet  deep. 

All  who  are  familiar  with  the  history  of  this  great 
lode  will  agree  with  me  that  the  possibilities  are  sim- 
jdy  immense,  and  I  have  little  doubt  but  that  those 
who  now  invest  their  dollars  in  this  enterprise  will 
have  it  returned  to  them  an  hundred  fold,  and  at  no 
very  distant  day. 

While    it   is   possible    that  we  may  find  no  ore  of 


value,  and  this  enterprise  may  prove  a  failure,  yet  I 
regard  the  chances  for  a  large  return  for  a  small  invest- 
ment as  vastly  superior  to  the  average  of  either  busi- 
ness or  mining  enterprises  on  this  coast.  During  my 
residence  on  the  Comstock  I  have  had  charge  as 
superintendent  of  four  of  the  leading  mines  on  the 
lode.  None  of  them  had  any  ore  in  sight  when  I  took 
charge  of  them.  Three  of  them  turned  out  big  bonan- 
-MX  in  a  short  time,  and  the  fourth  one  I  still  think 
would  have  been  no  exception  to  the  rule  if  work  had 
been  prosecuted  farther.  This  is  a  record  that  speaks 
for  itself.  J.  C.  COREY. 

VIRGINIA  CITY,  June  20,  1888. 


VIRGINIA  CITY,  NEV.,  June  24,  1888. 
I  have  visited  and  examined,  carefully  and  thorough- 
ly, the  North  Western  Consolidated  Mining  Co. 
ground^  situated  about  three-fourths  of  a  mile  north- 
westerly from  this  city,  following  the  working  of  the 
Comstock  Ledge  as  shown  by  the  workings  in  Sierra 
Nevada  and  Utah  mines.  It  has  been  supposed  that 
the  lode  bore  to  the  east  from  the  Sierra  Nevada  mine, 
but  it  has  been  demonstrated  by  the  workings  at  the 
Wells  Fargo,  Troy  Consolidated  and  other  north-end 
mines,  that  it  does  not  take  that  easterly  course,  but 
that,  as  has  been  shown  by  tracings,  it  bears  strongly 
to  the  west,  and  its  course,  as  shown  by  actual  survey, 
carries  it  directly  into  the  ground  of  this  company. 
This  fact,  together  with  the  additional  fact  that  on  this 
north-western  ground  is  found  that  particular  forma- 
tion, an  exact  counterpart  of  that  found  on  the  Com- 
stock Lode  at  its  most  productive  points,  makes  it  al- 


8 

most  a  certainty  that  this  ground  will  prove  valuable. 
We  have  here  the  diorite  or  west  wall  with  its  usual 
dip  to  the  east;  on  that  a  heavy  and  well-defined  body 
of  black  dyke,  and  on  that  again  a  ledge  of  unknown 
width,  showing  very  conclusively  that  it  is  th*  true 
Comstock  formation. 

From  the  tunnel  level,  wind)  lias  been  run  about  17r> 
feet,  north  and  south  drifts  have  been  run  about  40  feet 
each,  in  the  face  of  which  the  formation  is  quartz,  clay 
and  porphyry,  exactly  corresponding  with  that  found  in 
the  productive  mines  of  the  Comstock  that  have  been 
worked  for  years.  This  ledge  is  highly  impregnated 
with  sulphate  of  iron  which  is  a  favorable  indication 
for  gold  and  silver.  It  is  not  known  how  wide  this  ma- 
terial maybe,  as  the  drift  only  penetrates  it  a  i\-w  1 
no  excavation  having  been  made  to  the  wall  on  either 
side.  This  material  bring  found  here  I  regard  as  a 
very  important  and  favorable  feature,  and  adds  to  the 
certainty  that  the  Comstock  lode  inns  through  the 
North-western  Consolidated  Company's  -round. 

The  general  appearance  of  the  ground  in  the  tunnel, 
drifts  and  shaft  is  that  of  a  mineral-bearing  character, 
making  the  prospect  for  the  development  of  a  paying 
mine  very  encouraging.  I  think  that  the  drift  from 
the  north  side  of  the  tunnel  should  be  continued  to  as- 
certain the  width  of  the  formation  now  in  the  face  of 
the  drift.  That  material  may  develop  into  good  ore 
at  no  great  distance  in.  Such  indications  found  in  the 
old  mines  of  the  Comstock  lode  are  always  followed, 
and  seldom  fail  to  lead  to  bodies  of  good  ore.  Still  the 
probabilities  are  that  greater  depth  is  necessary  to 
prove  the  value  of  the  formation.  Where  it  appears 
now  is  too  near  the  surface  to  expect  much  from  it, 


but  depth  will,  in  my  judgment,  reveal  the  fact  thai 
there  is  a  good  body  of  pay  ot*e  in  the  North  Western- 
Consolidated  Mining  Company's  ground. 

JAMES  DELAVAN,  M.  E. 

Since  writing  the  foregoing  I  have  read  the  report 
of  Mr.  J.  C.  Corey,  and  fully  indorse  it  as  being  truth- 
ful, conservative  and  concise. — J.  D. 


The  following  was  taken  from  the  N.  Y.  Financial  and 
Mining  Record  of  June  9,  1888  : 

Dr.  James  Delavan,  our  long-time  resident  corres- 
pondent at  Virginia  City,  upon  whose  service  to  our 
readers  in  that  capacity  too  high  an  estimate  cannot  be 
placed,  we  are  pleased  to  see  has  received  the  following 
testimonial  to  his  worth  and  standing  as  an  expert  in 
all  that  relates  to  the  complex  business  of  mining  : 

"WASHINGTON,  D.  C.,  U.  S.  A.,  December,  1887. 

(<  We,  the  undersigned,  Senators  and  Representatives 
from  the  State  of  Nevada  to  the  Congress  of  the 
United  States  of  America,  certify  :  We  have  personally 
known  Dr.  James  Delavan,  a  resident  of  Virginia  City, 
State  of  Nevada,  U.  S.  A.,  for  from  fifteen  to  twenty 
years,  and  fully  indorse  him  as  a  gentleman  in  whom 
confidence  can  be  placed  in  every  way  pertaining  to  the 
profession  of  geologist,  mineralogist,  mining  expert  and 
mining  engineer.  A  practical  experience  of  thirty 
years  amidst  the  mining  region  of  the  Pacific  Slope,, 
coupled  with,  a  successful  record  during  these  long 
years,  makes  him  eminently  qualified  to  assume  any 
and  all  branches  of  these  sciences.  His  familiarity 


10 

•with  the  Comstock  mining  region,  with  outlying  lodes 
in  Nevada  and  California,  qualifies  him  to  assume  the 
management  or  superintendency  of  mining  properties 
in  these  States.          WM.  M.  STEWART,  U.  S.  Senate. 
WM.  WOODBURN,  M.  C." 


VIRGINIA  CITY,  NEV.,  June  26,  1888. 

I  have  been  familiar  with  the  grand  Comstock  Lode, 
its  formation  and  characteristics  and  workings  for  the 
last  twenty-eight  years,  having  seen  its  developments 
from  the  surface  to  its  greatest  depths. 

I  have  made  a  personal  examination  of  the  North 
Western  Consolidated  Mining  Company's  claim,  and 
carefully  studied  its  formation,  also  the  present  superfi- 
cial workings  on  the  same,  and  am  satisfied  it  has  all  the 
essential  features  of  the  Comstock,  a  part  of  which  I 
believe  it  to  be,  or  as  it  may  be  called  the  northerly 
extension  of  this  great  lode.  I  have  read  the  fore- 
going statements  relating  to  this  property,  and  most 
fully  indorse  all  therein  contained,  and  fully  heli 
that  by  the  expenditure  of  $15,000  to  $20,000  properly 
made,  a  valuable  and  paying  property  will  he  developed, 
possibly  an  old-time  bonanza  discovered,  which  if  found 
would  mean  millions  to  its  fortunate  owners.  I  will 
further  say,  I  have  no  interest  near  or  remote  in 
pectancy  or  otherwise,  but  believe  this  the  best  op- 
portunity I  have  seen  on  this  great  lode  for  many 
years,  for  a  large  return  /"<>/•  a  very  small  invest mtut. 
Very  truly  yours, 

D WIGHT  CRITTENDEN. 


11 

Having  examined  the  North  Western  Consolidated 
Mining  Go's,  property,  I  most  willingly  indorse  the 
foregoing  reports.  The  true  fissure  of  the  great  Corn- 
stock  Lode  certainly  follows  the  trend  of  the  mountain 
in  its  course  to  the  north-west,  leading  directly  into  the 
ground  of  this  company. 

Yours  truly, 

G.  W.  ROGERS. 
VIRGINIA  CITY,  June,  21,  1888. 


12 


Of  the  one  hundred  thousand  shares  composing  the 
capital  stock  of  this  company,  forty  tlmus'tinl  >//'</•>>>  are 
set  apart  to  be  used  as  a  working  capital.  Of  this 
forty  thousand  shares  the  company  now  ..tiers  for 
sale  twenty  thousand  shares  at  the  low  price  of  one 
dollar  per  share.  Subscriptions  (o  said  stock  to  be 
paid  for  in  five  equal  monthly  installments — stock 
to  be  issued  when  final  payment  is  made.  A  failure 
to  pay  any  installment  tor  A 

will  forfeit  such  subscription  and  any  money  previ« 
ly  paid. 

Subscriptions  will  be  received  at  the  office  of  tlu 
company,    314    Montgomery    Street,    Room    7.    3 
Francisco;    also  at  104  South  C  Street,  Virginia  City. 
Nevada. 

F.  A.  HASSEY,  President. 

WM.  A.  STUART,  Secretary. 


